What is the minimum limit for Employer's Liability insurance per accident at a Petro Stopping Center?
Petro_Stopping_Center Franchise · 2025 FDDAnswer from 2025 FDD Document
ro Center uses no vehicles for business purposes this requirement may be reduced with written agreement from us.
- (d) Pollution legal liability insurance with limits of not less than five million dollars ($5,000,000) p
Source: Item 14 — Other investments (FDD pages 131–208)
What This Means (2025 FDD)
According to the 2025 Petro Stopping Center Franchise Disclosure Document, franchisees are required to maintain Employer's Liability insurance with a minimum limit of $1,000,000 per accident. This insurance coverage is in addition to worker's compensation insurance, which franchisees must carry in amounts required by all applicable laws in the location of their Petro Center.
This requirement means that a Petro Stopping Center franchisee must secure an insurance policy that covers at least $1,000,000 in damages for any single accident where the franchisee is liable as an employer. This protects the franchisee from significant financial losses in the event of a workplace accident leading to employee injury or death. The policy must also list Petro Stopping Center and its affiliates, directors, officers, agents, and employees as additional insureds.
Franchisees must ensure that their insurance policies meet these minimum requirements and that the insurance carriers are licensed and admitted to write coverage in the state where the Petro Stopping Center is located, with a rating of A- or higher by A.M. Best and Company, Inc. Failing to maintain the required insurance coverage could result in a breach of the franchise agreement.